Dear Vipin Panwar,
Welcome to the Microsoft Community.
I understand that you are experiencing delayed data updates when you link workbooks in Excel to process large amounts of data, and I understand how you feel because I have experienced the same problem as you.
The problem of lagging, delay also happens when we are working with large amount of data (containing thousands of data) in Excel. It does seem to be the performance of Excel that is causing the problem, and I understand that this may be an inconvenience to you as it happens to us as well.
I hope you can understand that since we are not Excel developers or designers in the community, we cannot be directly involved in the development of Excel to deal with performance issues. However, we will report your issue and provide you with feedback. And continue to collect feedback from other users.
In order to make the development team aware of this issue as soon as possible, we encourage our users to also provide feedback through our feedback channel. Please click on the link: Ideas · Community (microsoft.com)(English platform) to post it, where a dedicated developer will follow and comment on your feedback. After sending your feedback, you can share the feedback link in this forum, so that other users in the forum with similar problems and I can also contribute by voting for you.
Will try with other software you can use to process the data. We will keep this thread open and hopefully users in the community will have better suggestions.
Sorry for the inconvenience and thank you very much for your understanding.
Best regards
Isabella-MSFT | Microsoft Community Support Specialist