Vijaya,
Have you tried to set up a element in the Business Object that represents the code value of the cell color you want to set? Then, within ABSL you can update that element through ABSL, and set up and bind a calculation rule to trigger on the update to the element, and set the color based on the same data value as your element.
Not sure if this would actually work, but it seems like it could be worth a try (driving the calculation rule to actually update a back-end value that drives the front-end changes)
If you really had to hack it, you could use LANGUAGE_INDEPENDENT_SHORT_Text to store the appropriate value and hardcode it through ABSL.