Indian Growing Dividend Payers with 2-5% yield

HCL Technologies

Market Cap: ₹3.0t

Provides IT and business services, engineering, research and development services, software products, and IP-led offerings.

Tech Mahindra

Market Cap: ₹1.3t

Provides information technology services and solutions in the Americas, Europe, India, and internationally.

Ashok Leyland

Market Cap: ₹814.0b

Engages in the manufacture and sale of commercial vehicles in India and internationally.

Mphasis

Market Cap: ₹434.4b

Operates as an information technology solutions provider that specializes in cloud and cognitive services in the United States, India, Europe, the Middle East, Africa, and internationally.

Hexaware Technologies

Market Cap: ₹306.0b

Provides information technology consulting, software development, and business process services worldwide.

Firstsource Solutions

Market Cap: ₹171.0b

Provides tech-enabled business processes in India, the United Kingdom, the United States, the United Arab Emirates, and internationally.

Tips Music

Market Cap: ₹81.2b

Engages in the acquisition and exploitation of music rights in India and internationally.

Sonata Software

Market Cap: ₹70.5b

Provides information technology services and solutions in the United States, Europe, the Middle East, the Asia Pacific, the United Kingdom, Australia, New Zealand, and Ireland.

R Systems International

Market Cap: ₹28.8b

A digital product engineering company, designs and builds chip-to-cloud software products and platforms in Europe, the United States, and internationally.