D-Street cheers Tata Motor\'s zero debt plan\, but is the target achievable?

Tata Motors has taken a leaf out of the Reliance Industries playbook to set itself a target of achieving “near-zero debt” in three years, but analysts believe it would be a very challenging task given the down cycle in the automobile business worldwide.Typically, meeting commitment to deleverage leads to a massive re-rating of the stock, as is visible in Reliance Industries’ share price in the past one year. Tata Motors announcement has