So basically, you do not want to workbook to get opened when you click the hyperlink? If you mean by giving hyperlink to a portion of a working, you mean that you want to see the value of a cell in another workbook in your active workbook, you should be using a formula instead of a hyperlink. And the formula can be a direct link to the cell. On the other hand, if you still want it to be a hyperlink, but you want the value to be displayed, why don't you use the HYPERLINK function in Excel? That way, you can not only use a link to your destination, but also in the second argument, pass the value that you want to be displayed.
Having said that, if it is a hyperlink, and you still don't want the workbook to open up when you click on the cell, then you'll need to use VBA. Post back if you need clarity, or if I've not understood your requirement correctly.