Why is Raw Edge Indust. falling/rising?

As of 05-Sep, Raw Edge Industrial Solutions Ltd is experiencing a slight increase in its stock price, currently at 31.09, with a change of 0.09, representing a 0.29% rise. The stock has shown strong performance recently, gaining 18.75% over the last three days, although it underperformed its sector by 0.87% today. Additionally, the stock has outperformed the benchmark with a remarkable 36.84% return over the past month, despite a year-to-date decline of 20.67%. The company's valuation appears attractive with a return on capital employed (ROCE) of 3.2 and a lower enterprise value compared to peers, but it has faced significant challenges, including a 67% drop in profits over the past year and a high debt-to-EBITDA ratio of 6.63 times, indicating potential financial strain.
Broader market context shows that while Raw Edge Industrial Solutions has outperformed the Sensex in the short term, it has consistently underperformed over the longer term, with a 24.81% decline in the past year compared to a 1.81% drop in the benchmark. This consistent underperformance over three years, coupled with weak long-term fundamentals and negative financial results, suggests that investor sentiment may be cautious despite recent gains. The stock's liquidity is adequate for trading, but the overall negative trends in profitability and sales could weigh on future performance, indicating that while there may be short-term gains, the long-term outlook remains uncertain.