Tata Steel, Tata Power, Wipro, ACC And More — Stocks That Were Trading Before India's Independence

As India marks its 79th year of independence, eighteen companies that predate the nation's freedom continue thriving on BSE.

BSE, established in 1875 as Asia's oldest stock exchange, now ranks 6th globally by market capitalisation, exceeding $5 trillion, providing the platform for these remarkable corporate survival stories spanning nearly a century of economic transformation.

Nearly eight decades after India's independence, eighteen companies that were already trading before 1947 remain active on the Bombay Stock Exchange, showcasing remarkable corporate endurance with wildly varying performance since 1990.

The IT giant leads all companies with exceptional 27% annualised returns. Listing just months before independence in June 1947, the company transformed from a vegetable oil manufacturer into India's fourth-largest IT services player, exemplifying successful business model evolution and strategic adaptation.

With 10.9% annualised returns over the last 35-year period, Tata Power is one of India's largest integrated power companies. It operates across electricity generation, transmission, and distribution, maintaining its position as a leading utility company for nine decades.

With diverse operations spanning across pharmaceuticals, real estate, and power assets, demonstrating the benefits of multi-sector operations, Alembic has delivered strong 15.2% annualised returns since 1990.

Originally a textile business, the company has since diversified into real estate development, polyester staple fibre manufacturing, and retail operations, with a 3.9% annualised return since 1990.

One of India's leading cement manufacturers, ACC has maintained steady growth in manufacturing and selling cement and ready-mix concrete products. Since 1990, it has delivered 9.4% annualised returns.

As one of India's largest steel manufacturers, the company has successfully navigated multiple economic cycles while maintaining its industrial leadership position. Its shares have achieved 9.7% annualised returns since 1990.

Originally incorporated as a cotton and polyester textile manufacturer, the company completely pivoted to real estate development and LNG storage facilities. The company has delivered 14.5% annualised returns through business transformation.

With annualised returns of 5.8% since 1990, the company was founded by industrialist Seth Walchand Hirachand and incorporated in July 1920.

Formerly known as Premier Construction Ltd, its operations have evolved from heavy engineering and construction to consulting and training services. Now operating as Walchand Plus in partnership with Dale Carnegie Training USA, it focuses on behavioural skills development and HR consultancy.

Walchandnagar Industries achieved solid 13.3% annualised returns, maintaining focus on heavy engineering and foundry & machine shop business operations throughout its eight-decade journey.

With 18.7% annualised returns since 1990, Supreme Industries emerged as a strong wealth compounder for its investors.

Founded in 1942 during India's independence struggle, the company was taken over by the Taparia family in 1966, who focused entirely on plastics processing. Now India's largest plastic manufacturer, handling over 6,40,000 tonnes of polymers annually across 29 plants, Supreme pioneered several products, including 'Satranj' PP mats and various piping systems.