After two years of painful correction in small and midcap stocks, Porinju Veliyath, Founder and Portfolio Manager at Equity Intelligence India, believes the worst is behind us, and that patient stock-pickers willing to dig through the rubble will be rewarded. Speaking to ET Now, the veteran value investor said the segment has largely bottomed out and named Thomas Cook India as a recent fund addition, while flagging AI-leveraged midcap IT and pharma as the most compelling themes for the next five to ten years.
