Shares of the state-run RailTel Corporation of India soared on Friday after the railway PSU clinched an order worth Rs 66.8 crore from Northeast Frontier (NF) Railway Construction. The RailTel stock gained as much as 4.2 per cent to Rs 304 apiece in early deals on NSE. The counter finished at Rs 296.4, up by Rs 4.85 or 1.66 per cent on NSE.The deal involves the supply, installation, testing and commissioning of an integrated tunnel communication system, emergency call arrangements in tunnels and IPIS at stations in the Bhairabi- Sairang New Single line Section of Lumding Division, RailTel said in a regulatory filing. The order is to be completed within 365 days from the date of the letter of offer and acceptance (LOA), it added. In a separate development, Ranjit Kumar was appointed part-time government nominee director on the board of RailTel this month.RailTel shares has rewarded investors with a return of almost 15 per cent in the past one year, a period in which the Nifty50 has gained 17.5 per cent.TRENDING NOWInfinix INBOOK Y2 Plus laptop launched at Rs 27,490 – Check specs and other detailsTata Steel, SBI, Zydus Lifesciences, BEL: Stocks to watch out for on TuesdaySebi floats consultation paper, proposes T+0 and instant settlement cycle on optional basisSukanya Samriddhi Yojana Calculator: Start investing in SSY to get Rs 50 lakh on maturity, know howFlipkart gets $ 600 million from Walmart at around 5-10% higher valuationStock market holiday in December 2023: BSE, NSE to remain shut on Monday for Christmas; trading to resume the next dayDunki vs Pathaan vs Jawan Vs Animal Box Office Collection Day 1: Shah Rukh Khan starrer takes a slow start, barely manages to cross Rs 30 crore on opening day’Salaar Part 1: Ceasefire’ Day 1 collection: Prashanth Neel’s action film set to make Rs 48 crore on Day 1Maruti Suzuki to set up second JIM in HaryanaFormula 72: Know in how much time your money will doubleIndia expected to see 1 crore EV sales annually by 2030, create 5 crore jobs: GadkariBal Jeevan Bima Scheme: Children get life insurance cover and sum assured up to Rs 3 lakh, know detailsTesla moves forward with a plan to build an energy-storage battery factory in ChinaSystematic Deposit Plan (SDP): How to get high returns on investments like FD through systematic deposit plan5 top mid-cap mutual funds that have given over 40% returns in last one yearRailTel Corporation is a ‘Miniratna’ category I PSU and among the largest neutral telecom infrastructure providers in the country owning a Pan-India optical fiber network. The OFC network covers all important towns and cities of the country and several rural areas covering 70 per cent of its population.Catch the lateststock market updateshere. For all other news related to business, politics, tech, sports and auto, visitZeebiz.com.