New Delhi, July 9 -- After a strong rally in several pockets of the market, investors are increasingly looking for fundamentally strong mid- and small-cap stocks that still offer meaningful upside. While valuations have become richer across several sectors, select companies continue to stand out due to robust earnings visibility, structural growth drivers, healthy balance sheets and sector-specific tailwinds.

Against this backdrop, ICICI Securities has released its latest 'Top Fundamental Picks of the Month', identifying 10 mid- and small-cap stocks that it believes are well-positioned to outperform over the medium term. The brokerage's list spans sectors including capital goods, healthcare, hotels, banking, auto ancillaries, building ma...