Ace investor Porinju V Veliyath on Wednesday bought 1.3 lakh shares of Emkay Global Financial Services. According to bulk deal data on the NSE, he bought the shares of Emkay Global Financial at an average price of ₹56.93. This roughly represents 0.55 per cent of the equity capital of the stock broking firm. Porinju has identified several mid-cap stocks such as Gokaldas Exports and Biocon that have given smart returns in the recent past.