L&T shares rally 5% after Q2 PAT beats Street estimates. Should you buy, sell or hold?

Shares of Larsen & Toubro (L&T) rose 4.8% after reporting a 5% increase in net profit for the quarter ended September 2024 to Rs 3,395 crore. Consolidated revenue grew 21% year-on-year to Rs 61,555 crore. International revenue was Rs 32,057 crore. Analysts have mixed ratings on L&T, ranging from 'Neutral' to 'Outperform'.