Rakesh Pujara’s Post

*RVNL- A Ten Bagger Story* The journey of RVNL stock underscores the reality that achieving multi-bagger returns involves enduring periods of consolidation and significant drawdowns. Here's a detailed look at RVNL's performance over 609 days, highlighting its ups and downs: •RVNL received an initial buy signal in our model on 4th November 2022 at ₹46.05. •On 28th November 2022, the stock surged to a high of ₹84.10 but then faced a steep decline to ₹56.05, representing a drawdown of 33.02% from its high. •On 22nd March 2023, RVNL was added to the CWA Everest 10 portfolio at ₹64.50. •On 24th April 2023, the stock broke its previous high of ₹84.10, 147 days after the first high. It then reached a new high of ₹142.20 on 8th May 2023. Following this, RVNL dropped to ₹110.60, a drawdown of 22.22%. •RVNL broke its previous high again on 4th September 2023, 119 days after the second high was broken, and subsequently reached a new high of ₹199.25 on 12th September 2023. It then fell to ₹142.15, a decline of 28.66%, on 26th October 2023. •The stock broke its previous high once more on 15th January 2024, 126 days after the third high was broken, and peaked at ₹345.50 on 23rd January 2024. It then declined to ₹213.05, experiencing a significant drawdown of 38.34%. •RVNL broke its previous high on 21st May 2024, 127 days after the fourth high was broken, achieving a new high of ₹425.00 on 3rd June 2024. This was followed by a decline to ₹312.25, a drawdown of 26.53%, on 5th June 2024. •As of 5th June 2024, RVNL stock has reached an all-time high of ₹491.05, illustrating its impressive growth over time. RVNL's performance had non-linear growth, with each new high followed by substantial drawdowns. This pattern tested the resolve of investors who had to endure periods of decline. Notable drawdowns of 33.02%, 22.22%, 28.66%, 38.34%, and 26.53% occurred at various stages, highlighting the stock's volatility and the corrections it underwent. Out of the 609 days observed, RVNL spent 519 days either consolidating or declining, emphasizing that the stock did not follow a straightforward upward path. Instead, a significant portion of the investment period involved stability or downward movement. Despite these periods of drawdowns and consolidation, RVNL's overall trajectory led to multi-bagger returns, culminating in a current all-time high of ₹491.05. This performance showcases the potential rewards of enduring short-term volatility and maintaining a long-term perspective. RVNL's stock journey illustrates that significant returns often come with periods of challenge and patience, ultimately leading to substantial rewards for those who stay the course. Cwa.smallcase.com YouTube link : youtu.be/bsMZEnKlrtk?si…

Compounding Wealth Advisors

Compounding Wealth Advisors

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