We present the new results of measurements of the exclusive
cross sections of the $e^+ e^-$ annihilation to charmed meson pairs
as a function of the center-of-mass energy from the
open-charm
threshold up to $\sqrt{s}=6$ GeV using initial state radiation
technique. The analysis is based on the data sample collected by the
Belle detector with an integrated luminosity of 951 fb$^{-1}$. The
accuracy of the cross section measurement is increased by a factor
of 2 in comparison with the first Belle study. We have performed the
first angular analysis of the $e^+e^- \to D^{* \pm} D^{* \mp}$
process and decomposed this exclusive cross section into three
components corresponding to the different $D^*$ helicities.