Stocks in news: Coal India, ONGC, L&T, Canara Bank, Bajaj Hind

Castex Technologies-To issue 3.9 crore shares worth Rs 58.5 crore by preferential issue to promoters on conversion of loans-To issue 4 crore convertible warrants worth Rs 60 crore by preferential issue to promoters on conversion of loans

Rain Industries Q3-Net profit at Rs 22.7 crore versus loss of Rs 7.5 crore (YoY)-Total income up 0.8 percent at Rs 2,383.1 crore versus Rs 2,364 crore (YoY)-EBITDA up 87 percent at Rs 408.2 crore versus Rs 218.3 crore (YoY)-EBITDA margin at 17.1 percent versus 9.2 percent (YoY)

Mahindra CIE Q3-Net profit up 73.1 percent at Rs 9 crore versus Rs 5.2 crore (YoY)-Total income up 2.9 percent at Rs 453.5 crore versus Rs 440.8 crore (YoY)-EBITDA up 14.9 percent at Rs 34.8 crore versus Rs 30.3 crore (YoY)-EBITDA margin at 7.7 percent versus 6.9 percent (YoY)

Government says-BEL offer for sale (OFS) retail portion subscribed 367 percent & non-retail 234 percent-Likely to raise Rs 1,670 crore via BEL OFS-State Bank of Mysore's entire undertaking of bank to be transferred to SBI from April 1, 2017-Government issued order on acquisition of bank by SBI on February 22

Other stocks and sectors that are in news today:-Cadila Healthcare in focus: Zydus gets US FDA nod for Linezolid tablets (used to treat skin infections & pneumonia)-Pricol (B Group) & Mcleod Russel's circuit filter revised to 20 percent-Listing - JITF Infralogistics-Skipper - CARE reaffirms rating of A1+-Speciality Restaurants - CRISIL reaffirms rating of A and A1-Trent - CARE assigns rating of A1+-IDBI Bank - ICRA downgrades rating from AA to AA-, AA- to A+, A+ to A-Sun TV reappointed K Vijaykumar as MD & CEO, Kalanithi Maran as executive chairman, Kavery Kalanithi as ED for 5 years w.e.f. April 20, 2017-Metalyst Forgings to increase share capital, issue of shares & issue of warrants by preferential issue to promoters on conversion of loans-Amtek Auto approved issue of equity to promoters on conversion of loans-Jain Irrigation approved issue of FCCBs up to USD 75 million to non-promoters-Coal India's Northern coalfields approved buy back worth Rs 1,244.12 crore-IL&FS Engineering seeks shareholder approval for issue of 99.62 lakh shares at Rs 53.2 per share to promoters on a preferential basis-L&T Hydrocarbon Engineering wins Rs 1,100 crore order for Indmax Project from IOC-Inox Leisure started commercial operation of theatre at Crystal mall, Jamnagar-Eveready Industries started commercial production at Assam plant-Ruby Mills resumed operations from February 24 at Khalapur plant-Zydus Cadila to launch India's 1st Tetravalent Inactivated Influenza vaccine - VaxiFlu – 4-Jagran Prakashan says IPO of radio arm MBL approved by ROC, Mumbai-Power Grid enters into loan agreement with Asian Development Bank for USD 500 million-SBI & Associates to complete merger by April 1, 2017-Emami started commercial operations at Assam plant-Gayatri Projects JV Company completed construction of 1320MW power plant in Andhra Pradesh-ONGC approved development of 5 projects with investment of Rs 7,327 crore-Tata Power started commercial operations of its 15MW solar power plant at Telangana-Canara Bank to dilute 13.45 percent stake in Can Fin Homes at Rs 2000 per share-Jindal Stainless allotted 1.91 crore warrants to promoter group-ONGC set to create energy giant with control of HPCL: ET-Sun Pharma to streamline quality control processes: ET-HPCL/ BPCL/IOC in focus: Oil companies to bear merchant discount rate fees on debit card payments for fuel: Mint-JSW consortium submits bid for Italian plant Ilva: BS-Jai Corp/ Reliance Industrial Infrastructure in focus: CIDCO readies for Navi Mumbai Airport project take off: BS-Maruti Suzuki stopped selling Ritz: BS-NMDC's Rs 18,000 crore steel plant likely by year-end: BS-Lupin says stopped looking at less relevant complaints, started looking at metrics-Dr Reddy's Labs will focus on investing in newer plants-Cipla looked at automation, looking more deeply into problems-Bajaj Hindusthan gets shareholder nod for sale & transfer of co-generation power business-Dish TV's promoter releases pledge on 6.05 lakh shares from February 17-Zee Entertainment's promoter releases pledge on 42.2 lakh shares from February 17-20-Tata Communications: Promoter Tata Sons releases pledge on 31.7 lakh shares on February 23-Tata Motors: Promoter Tata Sons releases pledge on 25.6 lakh shares on February 23-Tata Power: Promoter Tata Sons releases pledge on 67.8 lakh shares on February 23