Why is Raw Edge Indust. falling/rising?

As of 04-Nov, Raw Edge Industrial Solutions Ltd is experiencing a decline in its stock price, currently at 25.20, reflecting a decrease of 0.88 or 3.37%. The stock has been underperforming, having lost 8.3% over the last four days and consistently trading below its moving averages across various time frames. In the context of its performance against benchmarks, the stock has seen significant declines, with year-to-date returns down by 35.70%, while the Sensex has gained 6.81% in the same period. Additionally, the stock has underperformed its sector by 0.89% today, indicating a broader struggle within its market segment.
Broader Market Context: In comparison to the Sensex, which has only fallen by 1.38% over the past week, Raw Edge Industrial Solutions Ltd's decline of 6.98% highlights a stark underperformance. The mining and minerals sector, in which the company operates, has also seen a downturn of 2.42%, contributing to the negative sentiment surrounding the stock. Despite a rise in investor participation, as indicated by a 24.68% increase in delivery volume, the overall liquidity and trading conditions suggest that the stock remains under pressure, reflecting broader market challenges that are impacting its price negatively.