Trending @Accenture; Do we get hike if we get a Pinnacle award in the QUARTER Year?

No, the Pinnacle award is just a pat on the back. It doesn't come with a hike.

Awards = Ganta 🔔 It doesn't have any relation with your hike or promotion.
If they have seen good work from you and want to make you feel foolish that the higher management is recognising you. They give you such rewards. If you pitch this reason with your manager you'll come to know what they'll say. They will just try to convince you for a least percentage of the hike itself.