Significantly enhanced low-field magnetoresistance (LFMR) and maximum dMR/dH {$(dMR/dH)_{max}$} values were successfully achieved from $La_{0.7}Sr_{0.3}MnO_3$(LSMO)-manganese oxide composite samples prepared by liquid phase sintering, compared with those of the same composites prepared by solid state reaction. For this study, pure LSMO and LSMO-manganese oxide composites with various nominal compositions of (1-x)LSMO-$xMn_2O_3$ (x = 0.1, 0.2, 0.3, 0.4, and 0.8) were sintered at $1450^{circ}C$, above the eutectic temperature of $1430^{circ}C$, for 1 h in air. The highest LFMR value of 1.28% with the highest $(dMR/dH)_{max}$ value of 21.1% $kOe^{-1}$ was obtained from the composite sample with x = 0.3 at 290 K in 500 Oe. This enhancement of LFMR and $(dMR/dH)_{max}$ values is ascribed to efficient suppression of magnetic disorder at the LSMO grain boundary, by forming a characteristic LSMO-manganese eutectic structure.