L&T Tech shares in focus after Q3 PAT falls 4% YoY to Rs 322 crore. What should investors do?

L&T Technology Services reported a 4% YoY drop in consolidated net profit for Q3FY24, while revenue rose 9%. The company secured eight large deals, including a $50 million agreement. Analysts have mixed views, with Macquarie maintaining an 'Underperform' rating, and Nuvama suggesting a 'Hold' rating, noting record-high deal wins but lower margin guidance post-Intelliswift acquisition.