Hi Vijay,
You can enable the hyperlink which is embedded in the text by using HTML code in cell .Below is the sample code.Please take this one as a reference.
="<html><body> <p>Text.........<p><a href=\"http://www.w3schools.com/html/\">Visit our HTML tutorial</a></p></p></body></html>"
Note:In order to achieve the above one , in properties please select HTML option under Read Cell content as
Thanks,
Kalyan.