STP (LTP): Last price at which the stock traded — can happen anytime during market hours Closing price: Calculated as the weighted average price of trades in the last 30…

It changes continuously during market hours as buy and sell orders are executed — sometimes hundreds of times per second for actively traded stocks.

STP is determined by real-time trading activity on stock exchanges like NSE or BSE — it reflects the price agreed upon by the buyer and seller in the last transaction.