HDFC Life falls 4.6% to a five‑month low amid GST cut, analysts adjust forecasts, and market.

• Q2 profit rises on robust retail demand, but margins slip due to the GST rate cut impact.
• JM Financial downgrades to 'add'; brokerages cut FY26 earnings, citing lost GST input tax credit.
• Analysts rate buy, median target 877.5 rupees; stock up 17.7% year‑to‑date despite recent price dip.