India, Sept. 17 -- HCLTech has been working toward something for its mid-market clients, and this week it gave that work a name. On September 17, the company introduced a dedicated unit for a group of enterprises it says has gone underserved, large enough for serious AI ambitions, but not quite large enough to get top-tier attention until now. The new team consolidates several of HCLTech's existing capabilities into a single offering, and industry analysts have already attached a substantial figure to the market it's targeting. How it performs remains to be seen.

Shares of HCL Technologies Ltd are trading at Rs. 1,244.40, down 0.65 percent on Thursday. The stock touched the intraday high of Rs. 1,251.30 after opening at Rs. 1,242.20 bef...