New Delhi, March 3 -- Brokerage firm Nirmal Bang Equities has recently upgraded two cement stocks - UltraTech Cement and Star Cement - to 'buy', expressing faith in their growth potential and takin note of their current valuation.

UltraTech Cement share price has gained about 3 per cent over the last year (till February 28 close). Shares of this the Aditya Birla Group's flagship cement company hit its 52-week high of Rs.12,143.90 on December 16 after hitting a 52-week low of Rs.9,250.10 on April 19 last year.

On the other hand, Star Cement share price has declined 2 per cent over the last year. The stock hit a 52-week high of Rs.255.95 on May 22 and a 52-week low of Rs.171.55 on November 21 last year.

Nirmal Bang upgraded UltraTech Cem...