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 India, the Americas, Europe, and internationally.

Ashok Leyland

Market Cap: ₹943.8b

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

Mphasis

Market Cap: ₹432.0b

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: ₹301.5b

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

Firstsource Solutions

Market Cap: ₹168.7b

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

Tips Music

Market Cap: ₹81.5b

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

Sonata Software

Market Cap: ₹78.7b

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.

Gulf Oil Lubricants India

Market Cap: ₹53.7b

Manufactures, markets, and trades lubricating oils, greases, and other derivatives for use in the automobile and industrial sectors in India.

R Systems International

Market Cap: ₹29.6b

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