Mohit C you raise a very valid point.
I'm not aware of anything published in this regard. Personally, and others may disagree, I use the TWR reported wind components. If the components increase during the approach, I might announce to my colleague that I am increasing the factor and ask him to re-bug the new Vapp (if I am flying manually). But, good CRM and practicality would dictate this is not something changed every few seconds during the approach. Once the factor is added on it is arguably better to stick with it if the wind decreases. Who's to say the wind won't increase again? Performance figures (B737) tolerate this with the caveat of never exceeding Vref+20kts.