Indian Growing Dividend Payers with 2-5% yield

Tata Consultancy Services

Market Cap: ₹8.4t

Provides information technology (IT) and IT enabled services.

HCL Technologies

Market Cap: ₹3.1t

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: ₹929.3b

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

Mphasis

Market Cap: ₹424.2b

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: ₹313.2b

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

Firstsource Solutions

Market Cap: ₹186.0b

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

Sonata Software

Market Cap: ₹74.2b

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.

Surya Roshni

Market Cap: ₹53.5b

Manufactures and sells steel pipes and strips, and lighting and consumer durables in India.

R Systems International

Market Cap: ₹31.9b

A digital product engineering company, designs and builds chip-to-cloud software products and platforms.