Shares of Alkem Laboratories Ltd fell nearly 2% in early deals today after the firm said the income tax department was conducting a survey at some of the company's offices and subsidiaries. It also added that this action has no impact on the operations of the company. Alkem Laboratories shares slipped 1.61% intraday to Rs 3644.05 against the close of Rs 3703.70 on BSE in the previous trading session. Later, the stock recovered all the losses and traded 1.22% higher at Rs 3749.20 on BSE.