Ashok Leyland, the 2nd largest commercial vehicle manufacturer in India, witnessed a rise in share price on Friday after the company signed a contract with the government of Cote D'Ivoire for 3600 vehicles worth USD 200 million.

This contract is being funded by EXIM Bank of India and is pending final clearance from respective governments. The vehicles, which include trucks and buses, will be delivered over the next 12 months.

Shares of Ashok Leyland are trading at Rs 96.30, up Rs 2.25, or 2.39% at the Bombay Stock Exchange (BSE) on Friday at 9:44 a.m.

Total volume of shares traded on the bourses today was lower by 70.44% to 4,576,780 compared with 22-day average volume of 15,483,446.